Auto Makers Expect Car Sales to Defy Economic Gloom

by | Jul 30, 2022 | Business

July 30, 2022 5:30 am ETListen to article(2 minutes)Even as consumer spending cools, one place buyers continue to splurge is at the car dealership.Auto executives reporting earnings earlier this week displayed confidence that not only would demand for cars and trucks remain resilient in the second half of the year, but also an easing of supply-chain disruptions would help power profits in coming quarters.

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